Hot Off The Wires - 25 March 2020

News

• The government would not be able to save all businesses in the weeks ahead, Rishi Sunak told MPs as the UK chancellor comes under growing pressure to announce a rescue scheme for self-employed.

• Warning signs and vulnerabilities that emerged during the 2008 financial crisis are piling up amid coronavirus-related panic among investors, experts have warned.

• Aldi will rewards its staff in stores and warehouses with a 10% bonus as they work around the clock to keep the shelves stocked.

• YouTube is degrading video quality for a month to ease internet congestion during the coronavirus pandemic, the first technology company to do so globally.

• The global airline industry faces losing more than $250 billion in revenues, according to the latest forecast from a trade body.

Results

• United Utilities (UU/) - COVID- 19 Update

• Persimmon (PSN) - COVID-19 Update

• DCC Healthcare (DCC) - Acquisition

• Meggit (MGGT) - Chairman succession update

• Bellway (BWY) - Interim results

• SSP (SSPG) - COVID-19 Update

• McCarthy & Stone (MCS) - Business Update

• DFS Furniture (DFS) - COVID-19 Update

• Keller Group (KLR) - COVID-19 Update

• Keywords Studios (KWS) - COVID-19 Update

• Sumo Group (SUMO) - Postponement of FY results, COVID-19 & trading update

• SigmaRoc (SRC) - 2019 Results/COVID-19 Update

Trivia

What is the name of the smallest island in Scotland?

Click here to read the full daily note.